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The market is seeing key trends in the industry landscape, particularly in B2B applications like telecommunications, automotive, and aerospace. Businesses increasingly rely on FBAR filters for high-frequency signal management, particularly in 5G and IoT systems, driven by the need for precision and performance across connected devices and advanced communication networks.
Sustainability is becoming a focus, with companies exploring eco-friendly materials and energy-efficient production methods to reduce environmental impact. Additionally, innovations in new piezoelectric materials and MEMS technology are enhancing filter performance, contributing to device miniaturization and improved efficiency, aligning with the broader industry trend towards sustainability and technological advancement.
Major players in the industry include Akoustis Technologies, Inc., Murata Manufacturing Co., Ltd., OmniVision Technologies, Qorvo, Inc., Qualcomm Incorporated, Tai-Saw Technology Co., Ltd., Taiyo Yuden Co., Ltd., and TDK Corporation.
North America constituted over 25% of the global film bulk acoustic resonator filters industry share in 2023, driven by advancements in telecommunications and the rollout of 5G technology.
The piezoelectric FBAR filters segment is the fastest-growing, with a CAGR of over 9% between 2024 and 2032, due to their superior performance in high-frequency applications.
The global market size for film bulk acoustic resonator filters was valued at USD 102.7 million in 2023 and is estimated to grow at a CAGR of over 8.2% from 2024 to 2032, driven by increasing demand for high-frequency applications in telecommunications and data transmission.